For sale
  • $515,000

    4840 Springfield St, Dayton, OH 45431

    9beds
    5,332sqft
    : 
    Multi Family
    Built in 1971
    -- sqft lot
    $545,300 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Brick exteriorModern upgradesSlab foundationCoin laundryLvp flooring
    INVESTMENT HIGHLIGHTS * Turnkey Investment Opportunity * Outstanding Rental Market (Workforce, University, Military) * Recent Renovations EXECUTIVE SUMMARY Cash Flowing | Turnkey 8-Unit Multifamily Investment Opportunity Property Overview Built in 1971, this 5,332 SF multifamily building features 8 total units: seven 1-bedroom/1-bathroom and one 2-bedroom/1-bathroom. Seven of the eight units have been fully renovated with modern upgrades. Interior & Exterior 7 Renovated Units: LVP flooring, cabinets, countertops, paint- All units include dishwashers- Coin laundry in common area closet- Brick exterior, slab foundation- Heating: Baseboard | Cooling: Window A/C units Financial Snapshot One-Bed Rents: $695 | Two-Bed Rent: $675 (Market Rent: $850)- Gross Rent Potential: $66,000+ annually (current rents 15-20% below market)- Rent Roll & 12-month trailing P&L available upon request- Upside potential in rents & final renovation Location Advantages Less than 1 mile from Wright-Patterson Air Force Museum & WPAFB- Easy access to I-675 & US-35- Strong tenant demand from military, students, and workforce housing Investment Summary 4840 Springfield St. represents a stabilized, cash-flowing investment with modern renovations, a solid roof, and strong demand drivers. The property offers reliable income with opportunities for rent growth and long-term appreciation.
    6 hours
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    62
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    6
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